Bitcoin Knots Patch Aims To Tie Up Ordinals
The recent surge in popularity of Bitcoin Ordinals has sparked both excitement and concern within the Bitcoin ecosystem. There has not been this much of a polarising topic since the block size wars. Given Ordinals need to gobble up the already limited block space, it has begun to marginalise other transaction types like standard Bitcoin […]
MEV Attacks Ramping Up On Ordinals
The emergence of Ordinals, a protocol that enables the inscription of data directly onto the Bitcoin blockchain, has introduced a new dimension to the Bitcoin ecosystem. While Ordinals have opened up possibilities for unique non-fungible tokens (NFTs) and other forms of tokens, they have also introduced a new type of exploit or opportunity, depending on […]
What Are Rare Satoshis?
Bitcoin is money for everyone; it’s an open system that anyone can choose to join and support. Once you acquire Bitcoin using a wallet where you hold the private key, no one can tell you what to do with it. You can spend it, save it, try to earn a yield on it, borrow against […]
What Are Recursive Inscriptions?
Bitcoin Ordinals and Inscriptions are branded a new way to use the Bitcoin blockchain, but it’s really an old idea that has been re-hashed on the chain and takes advantage of the SegWit discount. They are the latest evolution of the coloured coins idea and allow users to inscribe data, such as images, text, or […]
What Are Cursed Inscriptions?
Open-source software, by its very nature, encourages public scrutiny, collaboration, transparency, and adaptability. When you put anything out online for the world to see, you’re asking to be roasted by the masses. The internet will always give you their opinion; this is true for something as simple as a bad-take tweet to something more complex […]
What Are SRC-20 Tokens/Stamps
As the world of ordinals continues to evolve and secondary markets spring up to meet the demand for trading inscribed satoshis, we’re seeing more developers and projects trying to divert some of that capital into their projects and, of course, pockets. Who can blame them? If people have the money and want to gamble, and […]
What Is A Bitcoin Ordinal Explorer?
Bitcoin runs on a distributed ledger that any one of us can download and run ourselves through a Bitcoin full node, which can be done on an old laptop, or you could have a dedicated device such as a Raspberry PI. One of the benefits of running a node with a direct copy of the […]
What Are BRC-721 Tokens?
Ladies and gentlemen, boys and girls, gather ’round and let me regale you with the story of the grand and mystical world of Bitcoin Ordinals and BRC-721. It’s a tale of love, deception, and—spoiler alert—scams! Once upon a time, in the mystical land of the internet, the all-mighty Bitcoin ruled supreme. Alas, its subjects, the […]
Ordinals Continue To Drive Increased Speculation With Inscription-Backed Loans
If there’s one critique of Bitcoin, I thought was a feature, not a bug; it was the claim that it was a boomer coin; it wasn’t Turing complete, so it couldn’t hold all sorts of token standards and non-native blockchain data stuffed on it. All you can do with Bitcoin is buy it, store it, […]
How To Inscribe An Article On Bitcoin
The emergence of bitcoin ordinals has ignited a fresh debate about the purpose of bitcoin and the resources used to manage this decentralised payment network. Monetary purists feel that bitcoin should only be used for transactions; bitcoin libertarians side with the fact that if you can pay for it and it doesn’t break consensus, you […]